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-week low against the u.s. dollar on concerns over the strength of europe's financial system. the euro fell to an intraday low of 131.44. this after the european central bank announced crisis loan repayment by banks fell short of expectations. >>> lots of actions in the medical -- metals pits this week. gosh, gold, silver. silver and copper both ending the week lower. silver closing down nearly 5% while copper posted a 5 1/2% drop, david. david: we have got it all covered. we have daniel in the pits of the cme. our market panel, larry shover who we usually see in the cme is in new york. and steven sachs, proshares head of capital markets. i want to start with daniel, at the cme. danny, amazing turn around when you think what happened yesterday. how much of that was dependent upon what happened with hewlett-packard? i mean did people look at hewlett-packard as a pace seter here in today's market? >> no, absolutely no.. this is all about the fed and bullard coming out saying they're not going to pare back as quickly as some people thought, definitely sent this thing up. just as yesterday when
. hit a intraday low versus the u.s. dollar. >>> the number of u.s. workers filing new applications for unemployment benefits fell by 5000 to a seasonally adjusted 366,000 last week. the four-week moving average, we tell you about that because is smofs out the wreak to week volatility, fell it a five-year low of 350,500. that is good news. ashley: straight to adam shapiro. we have a couple companies reporting, athenahealth. coinstar. begin with athenahealth. >> let's start with them. this is a beat on earnings per share, ashley. 29 cents versus what the street expected, 28 cents. revenue is a miss, 16 .6 million. the street was expecting 116.9 million. take a look at coinstar. this is an interesting mix here. you've got an earnings per share breath of 93 cents when the street was expecting 73 cents. revenue not nearly what the street was expecting. 564.1 million. the street was expecting 580.19 million. liz: the problem when you miss on revenue. you can engineer the eps. squeeze out all kinds of cost savings. that is why both these names, athenahealth and coinstar selling off rather
that china is not the only country involved in committing economic espionage against the u.s., but six of the seven cases it cites in the new trade secrets report involve china. the administration's promising stepped up efforts including increased trade and law enforcement to protect u.s. trade secrets, especially, in light of that separate report this week on aggressive chinese hacking of dozens of u.s. companies. >> as critical technology has advanced, criminals adapted accordingly. our need to keep pace with these changes remains imperative, and the stakes have never really been higher. in some industries, a single trade secret is worth millions or even billions, billions of dollars. >> this report today follows up on the president's executive order that he signed last week to try to beef up cyber security efforts, but new programs such as better information about cyber threats between u.s. intelligence agencies and private sector companies will take time to roll out. david and liz? liz: thank you, peter, very much, peter barnes. david: news from the fed minutes moving markets today
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in the u.s. what do they see in 2013? here with a fox business exclusive we have the genpact ceo and president. wonderful to have you, tiger. >> thank you, liz. liz: i'm sure what you said your mom asks you, in a nutshell, in regular speak tell us what genpact does? this used to be ge capital international businesses. >> right. liz: what's do you do today? >> in simple terms companies, you know, process information, paper, in order to deliver services. we actually help them run those services better. that is one thing we do, help companies run better by actually doing things for them, finance, procurement. liz: risk management? >> risk management. processing a mortgage, which, both of us know is not easy. liz: so when you're hiring you've got to hire people with, with all, quite a mosaic of talents i would think? >> that's right. liz: if you're doing mortgages and risk management can you really be all things to all people? >> we have focused on a few industrials. we grew up with ge and focus on things we learned from ge and a couple things we learned on our own. pharmaceuticals a
and financials. demand for u.s. durable goods falling for the first time since august last month. 5.2% in january from the previous month. most of this is on aircraft demand. they fell sharply. the ordernew orders for nondefee capital goods including aircraft jumped 6.3% month over month. the biggest gain in more than a year. the number of americans signing contracts to buy homes rose to the highest level in more than 20 half years in january. the national association of realtors index jumped 4.5%. we have mark sebastian in the pits of the cme. and scott, ceo of advisors asset management. mark at the cme. i want to start with gold with ben bernanke's announcement once again he will just keep the printing press is going and going and going. why did gold fall so dramatically? >> i think it was just asset shifting. gold rallied more because of fears of what could happen in the euro and the market selling off than it did because the fundamentals of that product got any better. dipping below 1600, i don't like cold right now despite everything on the board. sequestration will probably be bearish for g
Search Results 0 to 5 of about 6